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CHMI (Cherry Hill Mortgage Investment) Scaled Net Operating Assets : 0.24 (As of Sep. 2024)


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What is Cherry Hill Mortgage Investment Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cherry Hill Mortgage Investment's operating assets for the quarter that ended in Sep. 2024 was $1,501.24 Mil. Cherry Hill Mortgage Investment's operating liabilities for the quarter that ended in Sep. 2024 was $1,160.85 Mil. Cherry Hill Mortgage Investment's Total Assets for the quarter that ended in Jun. 2024 was $1,416.55 Mil. Therefore, Cherry Hill Mortgage Investment's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.24.

Cherry Hill Mortgage Investment Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cherry Hill Mortgage Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1340.106-965.303)/1408.825
=0.27

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1392.992 - 52.886
=1340.106

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1134.617 - 169.314 - 0
=965.303

Cherry Hill Mortgage Investment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(1501.237-1160.845)/1416.545
=0.24

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1551.389 - 50.152
=1501.237

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1311.693 - 150.848 - 0
=1160.845

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cherry Hill Mortgage Investment Scaled Net Operating Assets Related Terms

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Cherry Hill Mortgage Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cherry Hill Mortgage Investment Corp (NYSE:CHMI) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
CHMIpB.PFD:USA CHMIpA.PFD:USA
Address
1451 Route 34, Suite 303, Farmingdale, NJ, USA, 07727
Website
https://www.chmireit.com
Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
Executives
Jay Lown director, officer: President and CEO 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Sharon L Cook director CHERRY HILL MORTGAGE INVESTMENT CORP, 1451 ROUTE 34, SUITE 303, FARMINGDALE NJ 07727
Regina Lowrie director 155 INVERNESS DRIVE, BLUE BELL PA 19422
Julian Evans officer: Chief Investment Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Michael Andrew Hutchby officer: Chief Financial Officer CHERRY HILL MORTGAGE MANAGEMENT, 1451 HIGHWAY 34, SUITE 303, FARMINGDALE NJ 07727
Martin Levine officer: Chief Financial Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Mercer Robert C Jr director 1256 OVERTON CIRCLE, GALLATIN TN 37066
Joseph J Murin director 6528 KAISER DRIVE, FREMONT CA 94555
Jonathan Kislak director 800 BRICKELL AVENUE, SUITE 400, MIAMI FL 33131
Stanley C. Middleman director, 10 percent owner 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Calc Iii Lp 10 percent owner 131 S. DEARBORN STREET, 32ND FLOOR, CHICAGO IL 60603
Kenneth C Griffin 10 percent owner CITADEL INVESTMENT GROUP LLC, 131 S DEARBORN STREET 32ND FL, CHICAGO IL 60603
Citadel Securities Llc 10 percent owner 131 SOUTH DEARBORN STREET, CHICAGO IL 60603